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Trading penny stocks has recently become a popular option for investors willing to take a risk for a quick turnaround. However, there are a few things you should know about investing in penny stocks. After all, these aren't the well known companies that you'll be buying stock in. In fact, it may be hard to find adequate information on some of the stocks you're about to purchase. If you want to go through with it, here are seven things you should know about trading penny stocks.